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    Property profile & analytics

    18844 Hwy 231 Fountain, FL 32438-2820

    • Turn key restaurants
    • 2,304 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 14, 2022
    $11,000
    Location Intelligence
    Property ID
    US18-5335798
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 18844 Hwy 231

    Year built
    1984
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.14 lot acres
    Property size
    2,304 SF
    Zone code
    BC01
    Property type
    Turn key restaurants
    APN
    00859-000-000
    APU
    859000000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fountain
    County
    Bay
    State
    Florida
    Longitude
    -85.416
    Latitude
    30.4904
    CBSA code
    37460
    CBSA name
    PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $576
    $9,160
    $20,860
    $30,020
    -
    $9,160
    $20,860
    $30,020

    Comparable in this City

    • Value Estimation
      $205,000
      2,184 SF

      18917 Hwy 231

      RESTAURANT • 2,184 SF
      18917 Hwy 231, Fountain, FL 32438-2278
      View Details
    • Value Estimation by Request
      2,568 SF

      20214 Hwy 231

      RETAIL STORES (PERSONAL SERVICES) • 2,568 SF
      20214 Hwy 231, Fountain, FL 32438-2126
      View Details
    • Value Estimation by Request
      8,375 SF

      12332 Harrington Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,375 SF
      12332 Harrington Rd, Fountain, FL 32438-2337
      View Details
    • Value Estimation by Request
      1,610 SF

      18035 Ctr Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,610 SF
      18035 Ctr Dr, Fountain, FL 32438
      View Details
    • Value Estimation by Request
      9,466 SF

      Hwy 167

      RETAIL STORES (PERSONAL SERVICES) • 9,466 SF
      Hwy 167, Fountain, FL 32438
      View Details
    • Value Estimation
      $455,000
      9,652 SF

      17835 Hwy 231

      WHOLESALE OUTLET, DISCOUNT STORE • 9,652 SF
      17835 Hwy 231, Fountain, FL 32438-5287
      View Details

    Similar Nearby for Sale

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      Pending

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      Located near springs, beaches, and military base. AG zoning.
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      Half Acre Vacant Lot

      Large lot in Pinecrest subdivision near Hwy 231.
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    • $100,000
      10.00 Acres

      Fountain, FL 10-Acre Land

      10 acres in Fountain, FL with electric, septic, well.
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      0.62 Acres

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      0.62-acre wooded corner lot ideal for a dream home.
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    18844 Hwy 231
    Fountain, FL 32438-2820
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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